Hedge funds slash bullish bets on U.S. crude oil at under $40

06 August 2016, London — Hedge funds are holding their smallest bullish exposure to U.S. crude oil since February, cutting net-long positions after prices broke below the key $40-per-barrel support this week, data showed on Friday. Data from the U.S. Commodity Futures Trading Commission (CFTC) showed money managers, including hedge funds and other speculators, cut […] More »